Azerbaijan decreases import of goods by 6.03%

Baku, Azerbaijan, Aug. 11

By Anvar Mammadov – Trend:

Azerbaijan exported goods worth $6.15 billion in January-July 2017 that is by 6.03 percent less than in the same period of 2016, according to a report of the country’s State Customs Committee.

The share of state sector in export totaled $4.93 billion, private sector – $1.08 billion, individuals – $137.57 million.

Azerbaijan mainly exported oil and oil products, gas, plastic and plastic products, as well as fruits and vegetables in January-July 2017.

TOP-5 goods exported by Azerbaijan at the total cost:

During the period, import totaled nearly $4.37 billion, which is by 6.93 percent less than in January-July 2016. Some $491.29 million accounted for the state sector share in import operations, and $3.64 billion – for the private sector, $237.7 million – for individuals.

Azerbaijan mainly imported various machines, electronic equipment, ferrous metals, plastic, timber, sugar, vegetables and fruits during the reporting period.

TOP-5 goods imported by Azerbaijan (total cost):

Azerbaijan’s foreign trade operations decreased by 6.9 percent and amounted to $10.52 billion in January-July 2017, as compared to the same period of 2016. The surplus in the reporting period amounted to $1.78 billion, whereas in January-July 2016, a trade deficit of $167.47 million was recorded.